Question 7 2 Points Final Exam W24 Banking System Assets Liabilities Reserves 400 Checkable Deposits 1500 Loans 500 Borrowing from Fed 100 Securities 200 Federal Reserve Bank Assets Liabilities Securities 500 Currency in Circulation 900 Loans to Financial Inst. 100 Reserves 400 Unless otherwise noted, the reserve ratio is 20% Based on the balance sheet for the entire banking system, how much could the money supply increase if the banks lend out all their excess reserves (assuming a 20% reserve requirement)? Do not include the $ in your answer. Add your answer Integer, decimal, or E notation allowed